Jasi Halai Purchases 770 Shares of 3i Group (LON:III) Stock

3i Group (LON:III - Get Free Report) insider Jasi Halai bought 770 shares of the stock in a transaction dated Thursday, June 27th. The shares were acquired at an average price of GBX 3,020 ($38.31) per share, with a total value of £23,254 ($29,498.92).

Jasi Halai also recently made the following trade(s):

• On Tuesday, April 30th, Jasi Halai bought 5 shares of 3i Group stock. The shares were acquired at an average price of GBX 2,866 ($36.36) per share, with a total value of £143.30 ($181.78).

3i Group Price Performance

LON:III traded up GBX 67 ($0.85) during midday trading on Friday, hitting GBX 3,066 ($38.89). 2,625,457 shares of the stock were exchanged, compared to its average volume of 1,951,574. 3i Group has a one year low of GBX 1,843.50 ($23.39) and a one year high of GBX 3,180 ($40.34). The company has a market capitalization of £29.84 billion, a price-to-earnings ratio of 666.52, a P/E/G ratio of -0.35 and a beta of 1.03. The business has a 50-day moving average price of GBX 2,955.78 and a two-hundred day moving average price of GBX 2,662.20. The company has a current ratio of 1.48, a quick ratio of 0.09 and a debt-to-equity ratio of 6.74.

3i Group Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, July 26th. Investors of record on Thursday, June 20th will be issued a dividend of GBX 34.50 ($0.44) per share. This is a boost from 3i Group's previous dividend of $26.50. The ex-dividend date of this dividend is Thursday, June 20th. This represents a yield of 1.16%. 3i Group's payout ratio is presently 1,217.39%.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Barclays lifted their price target on 3i Group from GBX 2,815 ($35.71) to GBX 3,050 ($38.69) and gave the stock an "overweight" rating in a research note on Friday, May 3rd. JPMorgan Chase & Co. reiterated an "overweight" rating on shares of 3i Group in a research note on Friday.

About 3i Group

3i Group plc is a private equity firm specializing in mature companies, growth capital, middle markets, infrastructure, and management leveraged buyouts and buy-ins. The firm also provides infrastructure financing and debt management. For debt management, it invests in senior and mezzanine corporate debt in typically large and private companies in United Kingdom, Europe, Asia, and North America.